In contrast to development, growth refers to an increase in:
A)productive capacity with no change in output.
B)output with no change in productive capacity.
C)output brought about by an increase in inputs.
D)output brought about by a change in the production function.

Question

Quizplus · Accepted Answer

Growth refers to an increase in output brought about by an increase in inputs, such as labor, capital, or natural resources, without necessarily changing the efficiency or technology of production.

In Contrast to Development, Growth Refers to an Increase In